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Unidata S.p.A. Announces Share Buyback

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Unidata S.p.A. Announces Share Buyback

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An update from Unidata S.P.A. ( (IT:UD) ) is now available.

Unidata S.p.A. has announced the purchase of 3,822 of its own shares as part of a share buyback program, representing approximately 0.0124% of its share capital. This move, executed on the Euronext Milan Market, is part of a strategic initiative to enhance shareholder value and reflects the company’s confidence in its market position and future prospects.

The most recent analyst rating on (IT:UD) stock is a Buy with a EUR5.00 price target. To see the full list of analyst forecasts on Unidata S.P.A. stock, see the IT:UD Stock Forecast page.

More about Unidata S.P.A.

Unidata S.p.A. is a telecommunications, cloud, and IoT services operator founded in 1985. The company provides ultra-broadband connectivity services, including FTTH, wireless connectivity, VoIP, and cloud services, to over 29,300 customers. It also offers IoT solutions for home automation and Smart City markets. Unidata is listed on the Euronext Milan Market – STAR Segment.

Average Trading Volume: 51,725

Technical Sentiment Signal: Sell

Current Market Cap: €84.63M

For an in-depth examination of UD stock, go to TipRanks’ Overview page.

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